LCX, the Liechtenstein Cryptoassets Exchange, one of the crypto stalwarts based out of the Principality of Liechtenstein has launched its first trading competition that will be conducted for 7 days starting today on its Terminal with a total prize pool of 1 Million (1,000,000) LCX Tokens.

About the Competition:
LCX has kept the Total pool of 1 Million LCX Tokens. The prizes will be given in 2 categories i.e. Number of Trades and Traded Volume. The top 3 winners in each category will get 250’000; 100’000; and 50’000 LCX tokens respectively. But even if you do not finish in the top 3 there is nothing to worry about as each of the next top 100 participants will win 1’000 LCX Tokens in each category.

The participants will have to qualify to become eligible for the prizes. To participate in the contest, you’ll have to fulfill the minimum requirements for the competition and reach the following level in the respective category you are competing in

For the volume of trades: Minimum trade volume of USD 100
For the number of trades: Minimum 10 trades

The contest starts today at 3:00 pm CET and will end at the same time next week. During these 7 days, anyone can participate in the competition. Each of the participants can see their own ranks in the leaderboard section of the LCX terminal. The result of this competition will be out on 4th March 2020.

“Launching the trading competition was a natural step for us as it naturally fits in the vision of LCX terminal as the best tool for professional traders” Monty Metzger, Founder & CEO, LCX

About LCX: LCX, the Liechtenstein Cryptoassets Exchange, is Empowering The Blockchain Industry: LCX’s goal is to become one of the world’s first licensed and supervised security token exchanges as a regulated marketplace for digital assets.

The initial product is LCX Terminal, an advanced crypto trading desk to trade on all major crypto exchanges within a single interface. At LCX Assets and LCX Exchange, the fast-growing technology startup is planning a compliant security token platform for issuing, storing and trading of cryptocurrencies, tokenized securities and digital assets – after necessary regulatory approval has been obtained.